Latest Articles

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August 25, 2016 

New Guidelines for Reporting for Not-for-Profits

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that simplifies and improves how a not-for-profit organization classifies its net assets, as well as the information it presents in financial statements ...

How To Brand Your Accounting Firm

August 24, 2016 

How To Brand Your Accounting Firm

In this video, Karen Reyburn and I chat about the practical steps you need to take to build your brand as a CPA in order to stand out from the crowd and attract the clients you love. Karen is with The Profitable Firm, a marketing agency helping ...

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August 24, 2016 

2016 Review of Thomson Reuters FileCabinet CS

FileCabinet CS is part of Thomson Reuters CS Professional Suite of applications designed for professional accounting firms. Thomson Reuters offers three licensing options; On-Premise, Virtual Office, and SaaS, so users can choose the deployment method ...

Mary Girsch-Bock

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August 22, 2016 

What the Future Holds for Accountancy

Everyday, across continents, time and money is being squandered on old accounting practices. Of the United States’ 29 million SMBs (Small and Medium sized Businesses), just five million use dedicated accountancy software. This leaves some 24 million ...

Mike Galarza

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August 22, 2016 

Does the S-Corp Premium Really Exist?

The underlying argument is whether an entity that does not pay taxes is inherently more valuable due solely to this tax status. Should additional value be awarded to an entity that made a tax-based election that many other companies could easily make?

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August 22, 2016 

Ransomware: Is Your Accounting Firm At Risk?

Ransomware is a type of malicious software that encrypts files, blocks access to computer systems then requires an anonymous payment, and has the ability to make a dramatic and devastating impact on your business. A recent report released by the FBI ...

Christopher Stark